Chile's trade surplus widened to USD 1219 million in April 2020 from USD 385 million in the corresponding month of the previous year. Imports plunged 22.7 percent over a year earlier to USD 4,135 million, mainly due to lower purchases of consumption goods (-32.6 percent); capital goods (-16.9 percent); and intermediate (-65.6 percent). Exports fell 3.3 percent to USD 5354 million, as sales declined for mining products (-3.8 percent), in particular copper (-7.8 percent); manufactured (-7.3 percent); and agricultural, forestry & fishing goods (-13.1 percent).

Balance of Trade in Chile averaged 477.40 USD Million from 1991 until 2020, reaching an all time high of 2968.68 USD Million in April of 2007 and a record low of -1384.72 USD Million in October of 2008. This page provides the latest reported value for - Chile Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Chile Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Banco Central de Chile

Balance of Trade in Chile is expected to be 100.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Chile to stand at 100.00 in 12 months time. In the long-term, the Chile Balance of Trade is projected to trend around 500.00 USD Million in 2021, according to our econometric models.

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Chile Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
1219.00 1243.00 2968.68 -1384.72 1991 - 2020 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-07 11:30 AM Jan $1214M $1460M $ 700M
2020-03-09 11:30 AM Feb $821M $1214M $ 1300M
2020-04-07 12:30 PM Mar $1243M $827M $ 900M
2020-05-07 12:30 PM Apr $1219M $1243M $ 800M
2020-06-08 12:30 PM May $1219M $ 1100M
2020-07-08 12:30 PM Jun $ 100M
2020-08-07 12:30 PM Jul
2020-09-07 11:30 AM Aug


News Stream
Chile Trade Surplus Widens in April
Chile's trade surplus widened to USD 1219 million in April 2020 from USD 385 million in the corresponding month of the previous year. Imports plunged 22.7 percent over a year earlier to USD 4,135 million, mainly due to lower purchases of consumption goods (-32.6 percent); capital goods (-16.9 percent); and intermediate (-65.6 percent). Exports fell 3.3 percent to USD 5354 million, as sales declined for mining products (-3.8 percent), in particular copper (-7.8 percent); manufactured (-7.3 percent); and agricultural, forestry & fishing goods (-13.1 percent).
2020-05-07
Chile Trade Surplus Widens in March
Chile's trade surplus widened to USD 1243 million in March 2020 from USD 617 million in the same month of the previous year. Imports went down 19.4 percent year-on-year to USD 4,451 million, mostly due to purchases of consumption goods (-28.5 percent), in particular durable (-35.9 percent), semi-durable (-28.2 percent) and others (-4.5 percent); capital goods (-20.2 percent); and intermediate (-15.1 percent), of which energetic (-18.2 percent), namely petroleum (-34.2 percent). Exports dropped 6.5 percent to USD 5,694 million, due to lower sales of mining products (-5.3 percent), in particular copper (-7.6 percent); manufactured products (-10.3 percent), of which food (-7.8 percent) and beverages & tobacco (-11.3 percent). Meanwhile, sales of agricultural, forestry & fishing goods rose 3.3 percent.
2020-04-07
Chile Trade Surplus Widens in February
Chile's trade surplus widened to USD 821 million in February 2020 from USD 226 million in the corresponding month of the previous year. Imports declined 18.1 percent year-on-year to USD 4,313 million, its lowest since June 2016, mostly due to purchases of consumption goods (-23.5 percent), namely durable (-39.8 percent) and semi-durable (-23.6 percent); capital goods (-8.7 percent); and intermediate (-17.1 percent), of which energetic (-21.5 percent). Exports went down 6.6 percent to USD 5,134 million, its lowest since April 2017, due to sales of mining products (-1.8 percent), in particular copper (-2.3 percent); manufactured products (-12.2 percent), mainly food (-11.1 percent) and chemicals (-4.8 percent); and agricultural, forestry & fishing goods (-8.7 percent), of which grape (-10.6 percent) and cherry (-25.8 percent).
2020-03-09
Chile Trade Surplus Widens in January
Chile's trade surplus widened to USD 1,214 million in January 2020 from USD 1,097 million in the same month of the previous year. Imports dropped 2.9 percent over a year earlier to USD 5,488 million, mainly due to lower purchases of consumption goods (-12.3 percent), of which durable (-17.3 percent) and semi-durable (-13.5 percent); and capital goods (-13.4 percent), namely trucks & cargo vehicles (-14 percent). Exports fell 0.7 percent to USD 6,702 million, due to lower sales of manufactured products (-7.9 percent), in particular food (-3.9 percent) and chemicals (-3 percent); and agricultural, forestry & fishing goods (-6.4 percent), of which grape (-13.6 percent) and cherry (-4 percent). Meanwhile, mining products increased 8.9 percent, boosted by copper (8.4 percent).
2020-02-07

Chile Balance of Trade
Chile has been recording trade surpluses since 1999, mostly due to a rise in shipments of copper. The most important non mineral exports are processed food, namely salmon; fresh fruit; chemicals; cellulose & paper; forestry & wood products; metals, machinery & equipment; and wine. In 2019, the biggest trade surpluses were recorded with China and Japan while the largest trade deficits with the US, Argentina and Brazil.